Traders bring back bets on two Fed rate cuts in 2025
(Reuters) - Traders of interest-rate futures on Wednesday were pricing close to even odds the Federal Reserve will cut interest rates twice by the end of this year, with the...
Dollar and treasury yields dip as core December CPI comes below expectations
-- The dollar and treasury yields have seen a sharp decline after December's inflation numbers came in softer than expected. The 12-month Consumer Price Index (CPI)...
ECB to cut rates 4 more times by mid-year: Reuters poll
-- The European Central Bank (ECB) is expected to continue its series of interest rate cuts until July, in a bid to protect the euro zone economy from potential U.S....
BoE to cut in February after inflation downside miss: BofA
Tthe United Kingdom (TADAWUL:4280) reported a surprising dip in inflation for December, with the rate falling to 2.5% from November's 2.6%, coming in below the consensus forecast...
ECB to cut rates four more times by mid-year, say economists - Reuters poll
By Indradip Ghosh and Jonathan Cable BENGALURU/LONDON (Reuters) - The European Central Bank will extend back-to-back interest rate cuts at least until July in an effort to shield...
Portugal's growth likely accelerating, finance minister says
By Sergio Goncalves LISBON (Reuters) - Provisional indicators point to Portugal's economic growth having accelerated in the fourth quarter, giving the government greater...
US 30-year mortgage rate tops 7%, highest since May 2024
By Ann Saphir (Reuters) -The interest rate for the most popular U.S. home loan rose last week to an eight-month high of 7.09%, extending an upward trend that's squeezing would-be...
Gilts rally after UK inflation cools
- UK government bonds, known as gilts, have rallied Wednesday, after UK inflation was reported below expectations in December, offering respite to Chancellor Rachel...
Chinese overnight rate spikes to 16% as cash tightens ahead of holiday
SHANGHAI (Reuters) - Overnight borrowing costs for some Chinese financial institutions jumped as high as 16% on Wednesday, according to traders, due to tight cash supplies in the...
Why inflation risks are still rising into 2025? Deutsche Bank explains
-- Deutsche Bank analysts warned in a note Wednesday that inflation risks continue to rise heading into 2025, driven by several structural and recent trends. Despite...